Supply chain

Qatar and Saudi Arabia advanced their economic partnership at a recent meeting of the Working Group of the Qatari-Saudi Committee on Economy, Trade and Industry in Riyadh, part of the Qatari-Saudi Co-ordination Council. The session was co-chaired by His Excellency Mohammed bin Hassan Al-Malki, Undersecretary of the Ministry of Commerce and Industry of Qatar, and His Excellency Rakan bin Waddah...

The United Nations Global Supply Chain Forum (GSCF) will return in November 2026, hosted by the Kingdom of Saudi Arabia in partnership with the Saudi Ports Authority (MAWANI). Announced by UNCTAD Secretary-General Rebeca Grynspan at UNCTAD16 in Geneva, the biennial event aims to strengthen resilience and sustainability across international supply chains. The forum will convene governments, business leaders and experts...

Inverto, a procurement and supply chain subsidiary of Boston Consulting Group, has opened its first Middle East office in Riyadh, marking a significant step in its global expansion. The move comes as Inverto seeks to address growing demand for strategic procurement expertise in the region, according to CEO Daniel Weise. The Riyadh office is Inverto’s 20th location worldwide, joining a...

National Environmental Recycling Co. (Tadweeer) has entered into a memorandum of understanding with China’s Chery Automobile Co. to explore the creation of an aluminium plant and smelter in the Kingdom, according to a company statement. This planned facility aims to support both local and regional automotive supply chains. Chery Automobile Co., based in China, manages several automotive brands, including Chery,...

ROSHN, Saudi Arabia’s top real estate developer supported by the Public Investment Fund, is intensifying efforts to localize its supply chain and foster long-term partnerships with domestic suppliers. This initiative aligns with Vision 2030, aiming to strengthen the Kingdom’s housing sector and reduce dependence on imported materials. At a recent Supply Chain Forum in Riyadh, more than 400 industry participants...

Almarai has entered into an agreement to acquire full ownership of Pure Beverages Industry, a prominent Saudi bottled water producer, for SAR 1.04 billion, according to company statements. This move aims to strengthen Almarai’s presence in the beverage sector by adding well-known premium brands such as “Ival” and “Oska” to its lineup. The acquisition will be financed through Almarai’s internal...

Saudi Arabia is advancing its “Supply Pro” digital platform, developed by the National Housing Company, to enhance connections between contractors and building materials manufacturers. The initiative aims to boost the number of registered suppliers by 30%, increase the use of locally produced building materials by 7%, and unlock over 10 billion riyals ($2.6 billion) in new investment opportunities across manufacturing,...

Airbus SE has entered into an agreement to purchase raw materials, mainly titanium, valued at $666 million (2.5 billion Riyals) from Saudi Arabia, according to the Associated Press. This move is part of a broader deal involving the kingdom’s national airline, Saudia, which includes an order for 10 A330neo aircraft and options for 10 more. The agreement comes as global...

Folk Maritime Services Company, a prominent Saudi Arabian provider of feeder and regional liner services, is set to revolutionize its operations by deploying ORBCOMM's advanced smart container monitoring technology. This move positions Folk Maritime as the first Middle Eastern container shipping line to integrate a smart dry container fleet, enhancing the visibility and security of its supply chain. The monitoring...

Saudi Arabia has announced nine transformative investment deals under its Global Supply Chain Resilience Initiative (GSCRI), totaling more than $9.3 billion. These deals were revealed at the World Investment Conference in Riyadh, highlighting the Kingdom's ambition to enhance its role in global supply chains. The agreements include significant projects such as copper smelting with Vedanta, advanced titanium ventures with AMIC...